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Net income. £ 501.3 million (2023)[ 2] Owner. Mike Ashley (61.7%) Number of employees. 30,000 (2024) [ 3] Website. frasers .group. Frasers Group plc (formerly known as Sports Direct International plc) is a British retail, sport and intellectual property group, named after its ownership of the department store chain House of Fraser.
Former discount DIY chain [8] Grandfare 1967 Early discount store in Shiprow, Aberdeen, which became What Everyone Wants. [9] HEMA: 2014 2021 Lion Capital LLP: 9 London-centric Dutch discount shop that started in Amsterdam in 1926 [10] House of Holland c.1980s South of England-based discount department store went into administration late 80s ...
In 2019, there were more than 400 Sports Direct, Lillywhites, and USC stores in the United Kingdom and employed more than 20,000 people across the UK, Ireland, Belgium and Slovenia. [citation needed] Sports Direct acquired a 38.5% stake in retailer Game Digital [24] and, in June 2019, Ashley placed a £52 million bid to buy The Times. [24]
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Fire sale in Christchurch, New Zealand, c. 1933. A fire sale is the sale of goods at extremely discounted prices. The term originated in reference to the sale of goods at a heavy discount due to fire damage. It may or may not be defined as a closeout, the final sale of goods to zero inventory. They are said to occur in the financial markets ...
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